Call reports 2003
NORTHERN SKY BANK — 2003
What NORTHERN SKY BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 34,014,000 | 34,410,000 | 34,111,000 | 36,190,000 |
| Total loans | 13,900,000 | 14,904,000 | 15,877,000 | 15,892,000 |
| Allowance for loan losses | 216,000 | 216,000 | 213,000 | 213,000 |
| Securities available for sale | 9,167,000 | 9,177,000 | 8,954,000 | 11,629,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 30,666,000 | 31,008,000 | 30,712,000 | 32,752,000 |
| Interest-bearing deposits | 27,109,000 | 27,021,000 | 26,270,000 | 27,307,000 |
| Noninterest-bearing deposits | 3,557,000 | 3,987,000 | 4,442,000 | 5,445,000 |
| Equity capital | 3,232,000 | 3,292,000 | 3,286,000 | 3,350,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 389,000 | 774,000 | 1,165,000 | 1,540,000 |
| Interest expense | 100,000 | 193,000 | 276,000 | 357,000 |
| Net interest income | 289,000 | 581,000 | 889,000 | 1,183,000 |
| Noninterest income | 39,000 | 88,000 | 128,000 | 173,000 |
| Noninterest expense | 210,000 | 424,000 | 634,000 | 877,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 125,000 | 251,000 | 405,000 | 527,000 |
| Income tax | 3,000 | 4,000 | 4,000 | 3,000 |
| Net income | 122,000 | 247,000 | 401,000 | 524,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,977,000 | 2,993,000 | 3,093,000 | 3,217,000 |
| Total capital | 3,193,000 | 3,209,000 | 3,306,000 | 3,430,000 |
| Risk-weighted assets | 19,006,000 | 20,200,000 | 20,512,000 | 20,527,000 |